How will you pay the balloon payment on your car?

Whenever I ask this question to my customers, I am met with a look of confusion. Many people buy cars on residual yet they have no idea how they are going to pay the residual when it falls due. Zazi* is one such person. Her car is about R280 000 with a balloon payment...

Do NOT park a Jeep under a carport!

Dear Member Christmas and bonuses for the lucky ones, are around the corner. Is your coming bonus making you restless? You are not the only one. This phone call from one of my close friends reminded me that the silly season is upon us. We will call her Zine. As soon...

How Tutu saved R2 400 monthly on her car installment

Hi Phumelele, Since you came to our company early in the year to do workshops, I have been thinking about ways to reduce my monthly expenses. Your talk made me brave enough to downgrade my car. I have been driving a car with a monthly instalment of R5 600. I have just...

Reduce your car insurance now

Reduce your car insurance now! Finally, a new era is dawning in South Africa – better late than never! The values of our cars decrease with time and yet we have had to endure annual increases to car insurance premiums. Finally, iWYZE, a new product from Old Mutual, is...

Car hire tip!

Did you know that when you hire a car for 2 days and 20 minutes, car hire companies charge you for 3 days? Surely 2 days 20 minutes is closer to 2 days than it is to 3 days! This happened to me last week and thanks to the tough economic times, I now put all my...